NewOrbit

NewOrbitNewOrbit
NewOrbit

NewOrbit

Building satellites for very low Earth orbit (VLEO) to advance global connectivity and insight.

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2021Active30Reading, United Kingdom
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About

NewOrbit engineers very-low Earth orbit satellites that fly at one-third the altitude of conventional satellites, enabling higher resolution space imagery, direct-to-device data transmission, and more precise weather forecasting. Their NEO-1 satellite is designed to operate sustainably in this low orbit and vanish within a month of decommissioning, safeguarding space from debris. They serve applications requiring enhanced Earth observation, global connectivity, and world-class weather forecasting.
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Frequently asked

What does NewOrbit do?

NewOrbit engineers very-low Earth orbit satellites that fly at one-third the altitude of conventional satellites, enabling higher resolution space imagery, direct-to-device data transmission, and more precise weather forecasting. Their NEO-1 satellite is designed to operate sustainably in this low orbit and vanish within a month of decommissioning, safeguarding space from debris. They serve applications requiring enhanced Earth observation, global connectivity, and world-class weather forecastin…

How much funding has NewOrbit raised?

NewOrbit has raised a total of $29M in funding. The most recent round on record is Series A.

Where is NewOrbit headquartered?

NewOrbit is headquartered in Reading, United Kingdom.

When was NewOrbit founded?

NewOrbit was founded in 2021.

What industry does NewOrbit operate in?

NewOrbit operates in Aerospace, Satellite Technology, Space Technology, Hardware, SpaceTech, Satellite.

How many employees does NewOrbit have?

NewOrbit has approximately 30 people on record.

What is NewOrbit's revenue?

StartupHub estimates NewOrbit's annual revenue at $15.0M (range $8.0M to $22.1M, 72% confidence), based on comparable companies in the sector.

What is NewOrbit's valuation?

StartupHub estimates NewOrbit's effective valuation at $113.6M (range $71.3M to $171.0M, 24% confidence), based on comparable companies in the sector.